This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Can the Knowledge-Capital Model Explain Sectoral Foreign Invesment? Evidence From Singapore

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Gnanaraj Chellaraj
Aaditya Mattoo (The World Bank)

Additional information is available for the following registered author(s):

Abstract

Using the knowledge-capital model, we compare factors affecting the inbound and outbound manufacturing and services investment between Singapore and a sample of industrialized and developing countries. The nature of Singapore's two-way investment with the industrialized nations is essentially skill seeking, while with the developing countries it is low wage seeking with the exception of inbound services investment, which is skill seeking. During 1994-2003 time period, Singapore's skill abundance relative to all parent countries, increased annual average inbound investment in manufacturing and services by US$ 8.15 billion and US$ 15.19 billion respectively.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://www.eastwestcenter.org/stored/pdfs/ECONwp101.pdf
File Format: application/pdf
File Function:
Download Restriction: no

Publisher Info
Paper provided by East-West Center, Economics Study Area in its series Economics Study Area Working Papers with number 101.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: pages 41
Date of creation: Mar 2009
Date of revision:
Handle: RePEc:ewc:wpaper:wp101

Contact details of provider:
Postal: 1601 East-West Road, Honolulu, Hawaii 96848
Phone: (808) 944-7353
Fax: (808) 944-7399
Email:
Web page: http://eastwestcenter.org/
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: (Brenda Higashimoto) The email address of this maintainer does not seem to be valid anymore. Please ask Brenda Higashimoto to update the entry or send us the correct address..

Related research
Keywords:

Other versions of this item:

Find related papers by JEL classification:
F - International Economics

This paper has been announced in the following NEP Reports:

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Markusen, James R., 1984. "Multinationals, multi-plant economies, and the gains from trade," Journal of International Economics, Elsevier, vol. 16(3-4), pages 205-226, May. [Downloadable!] (restricted)
  2. Bruce A. Blonigen, 2005. "A Review of the Empirical Literature on FDI Determinants," NBER Working Papers 11299, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  3. Bruce A. Blonigen & Ronald B. Davies & Keith Head, 2003. "Estimating the Knowledge-Capital Model of the Multinational Enterprise: Comment," American Economic Review, American Economic Association, vol. 93(3), pages 980-994, June. [Downloadable!]
    Other versions:
  4. Henrik Braconier & Pehr-Johan Norbäck & Dieter Urban, 2005. "Reconciling the Evidence on the Knowledge-capital Model," Review of International Economics, Blackwell Publishing, vol. 13(4), pages 770-786, 09. [Downloadable!] (restricted)
    Other versions:
  5. Linda Low & Eric D. Ramstetter & Henry Wai-Chung Yeung, 1998. "Accounting for Outward Direct Investment from Hong Kong and Singapore: Who Controls What?," NBER Chapters, in: Geography and Ownership as Bases for Economic Accounting, pages 139-172 National Bureau of Economic Research, Inc. [Downloadable!]
  6. Bruce Blonigen, 2005. "A Review of the Empirical Literature on FDI Determinants," Atlantic Economic Journal, International Atlantic Economic Society, vol. 33(4), pages 383-403, December. [Downloadable!] (restricted)
  7. Markusen, James R., 2002. "Multinational Firms and the Theory of International Trade," MPRA Paper 8380, University Library of Munich, Germany. [Downloadable!]
    Other versions:
  8. David L. Carr & James R. Markusen & Keith E. Maskus, 2001. "Estimating the Knowledge-Capital Model of the Multinational Enterprise," American Economic Review, American Economic Association, vol. 91(3), pages 693-708, June. [Downloadable!] (restricted)
    Other versions:
  9. Chellaraj, Gnanaraj & Maskus, Keith E. & Mattoo, Aaditya, 2009. "Labor skills and foreign investment in a dynamic economy : estimating the knowledge-capital model for Singapore," Policy Research Working Paper Series 4950, The World Bank. [Downloadable!]
  10. Anwar, Sajid, 2008. "Foreign investment, human capital and manufacturing sector growth in Singapore," Journal of Policy Modeling, Elsevier, vol. 30(3), pages 447-453. [Downloadable!] (restricted)
  11. Bruce A. Blonigen & Miao Wang, 2004. "Inappropriate Pooling of Wealthy and Poor Countries in Empirical FDI Studies," NBER Working Papers 10378, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  12. Jang-Sup Shin, 2005. "The Role Of The State In The Increasingly Globalized Economy: Implications For Singapore," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 50(01), pages 103-116. [Downloadable!] (restricted)
  13. Gnanaraj Chellaraj & Keith E. Maskus & Aaditya Mattoo, 2009. "Labor Skills and Foreign Direct Investment in a Dynamic Economy: Estimating the Knowledge-Capital Model for Singapore," Economics Study Area Working Papers 100, East-West Center, Economics Study Area. [Downloadable!]
  14. Kee, Hiau Looi & Hoon, Hian Teck, 2005. "Trade, capital accumulation and structural unemployment: an empirical study of the Singapore economy," Journal of Development Economics, Elsevier, vol. 77(1), pages 125-152, June. [Downloadable!] (restricted)
    Other versions:
  15. Gao, Ting, 2003. "Ethnic Chinese networks and international investment: evidence from inward FDI in China," Journal of Asian Economics, Elsevier, vol. 14(4), pages 611-629, August. [Downloadable!] (restricted)
  16. Helpman, Elhanan, 1984. "A Simple Theory of International Trade with Multinational Corporations," Journal of Political Economy, University of Chicago Press, vol. 92(3), pages 451-71, June. [Downloadable!] (restricted)
Full references

Statistics
Access and download statistics

Did you know? IDEAS also covers the most complete directory of Economics departments and institutes, EDIRC.

This page was last updated on 2009-11-7.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.